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The surge in inflation this year owes more to supply bottlenecks caused by the release of pent-up demand than to falling unemployment. In the decade before the pandemic, US…
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DOI: 10.1108/OXAN-DB266105
ISSN: 2633-304X
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Geographic
Topical
PROSPECTS 2018: Global economy
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DOI: 10.1108/OXAN-DB225496
ISSN: 2633-304X
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Geographic
Topical
Supply bottlenecks and higher energy prices have driven up prices. The OECD reported 4.6% annual inflation in September, and 18.9% for energy. In the EU, annual inflation reached…
Prominent economists disagree on whether this will fire inflation. The Federal Reserve (Fed) is for the moment prioritising economic growth and employment over price control. It…
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DOI: 10.1108/OXAN-DB260384
ISSN: 2633-304X
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Geographic
Topical
The recent surge in inflation.
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DOI: 10.1108/OXAN-DB221345
ISSN: 2633-304X
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Geographic
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Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…
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DOI: 10.1108/OXAN-DB284606
ISSN: 2633-304X
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Geographic
Topical
Reflecting this, US pay rises were the highest in more than 20 years, and euro-area pay rises the highest in more than 25 years. Broader measures of compensation were more…
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DOI: 10.1108/OXAN-DB267659
ISSN: 2633-304X
Keywords
Geographic
Topical
PROSPECTS: H2 2017: Global economy
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DOI: 10.1108/OXAN-DB221230
ISSN: 2633-304X
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Prospects for the global economy in 2017.
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DOI: 10.1108/OXAN-DB214677
ISSN: 2633-304X
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Geographic
Topical
Worsening sentiment suggests that the US economy will come close to though not technically enter recession (according to conventional US criteria) in the second half of 2022 or…